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# How to Bid ​

Bidding is how you acquire products on GE-AS. You find a product you want, place a bid during an active session, and if your bid is successful, you receive ownership of that product. You can then sell it for a profit.

## Before You Bid ​

Make sure of the following:

- A session is active. Check the session banner on the product page. If it says "Bidding session is open" (green), you can bid. If it says "Bidding session is closed" (grey), wait for the next session.
- You have sufficient balance. Your account balance must cover the bid amount.

## Placing a Bid ​

1. Browse the product catalogue and find a product you want to bid on.
2. Check that the session banner is green ("Bidding session is open").
3. Enter your bid amount.
4. Enter the quantity.
5. Confirm and submit.

Your bid is submitted for evaluation.

## What Happens After You Bid ​

One of two outcomes:

- Bid successful: You receive ownership of the product. The bid amount is deducted from your balance. You can now hold the product or initiate a sell.
- Bid not successful: Your balance is not affected. You can try again in the same session (if time remains) or wait for the next session.

## Tips ​

- Start with smaller products. Lower-value products require smaller bids and carry less risk while you learn the system.
- Do not bid more than you can afford to hold. Once you own a product, your capital is tied up until you sell it.
- Watch the countdown. If you place your bid in the final seconds, there is a risk the session closes before it is processed.
- Bid during quieter sessions. Some sessions have fewer participants, which may work in your favour.